Get at least three detailed bids from qualified contractors by scheduling in-home estimates. For the best experience on our site, be sure to turn on Javascript in your browser. Kitchen remodels in the South tend to be cheaper than ones in the North and West with a major kitchen overhaul costing as much as $20,000 less in the South than one in California, for example. They will use their expertise to help design your kitchen with cost in mind. Get insider access to our best financial tools and content. And instead of spending money on custom features like pot or recycling organizers inside your cabinets, consider using customizable organizers purchased at retail stores to keep your cabinets neat at a lower cost. Based on your initial space or current design, is the layout ideal? Consider reducing a double sink to a single for more workspace as well. $25/sq. What exactly do you want to do with the available space? How Can You Save Money on a Kitchen Remodel. Are you the DIY type to take on 100% of labor and installation? If you're not in a hurry, complete your renovation in stages. And the National Association of Realtors 2019 Remodeling Impact Report found that kitchen renovations and kitchen upgrades rank as the top two interior projects that add resale value to homes and appeal to potential buyers. They may also provide services such as 3D rendering and overall support, as you work with various suppliers and contractors. Home equity line of credit (HELOC) calculator. How do you envision the space to look and what functional features are you considering? Labor will affect cost as well as what type of materials you select from. Also, try to purchase materials yourself and have the space clean and ready for installation. Then there's the cost of flooring, which is between $1,400 to $5,000 and highly dependent on the material selected and the overall square footage. Few projects command as big a price tag as a kitchen renovation: Count on five figures at least, according to HomeAdvisor. Make sure all cleanup work is included in the quote. Newer stainless steel appliances are smudge free, and there are many options available, including: Another common renovation is installing new countertops. Most homeowners spend between $12,800 and $21,200 for the average kitchen renovation. You can also replace certain things in stages, addressing your top priorities first. What type of materials will you select? What Is the Average Cost to Remodel a Half Bathroom? Get free estimates on HomeGuide from trusted kitchen remodelers: Get 5 free estimates on HomeGuide from trusted kitchen remodelers: Let us know about your needs so we can bring you the right pros. While vinyl is an excellent option in terms of affordability, it does not add much value to a home. When planning to remodel your kitchen, you need to ask yourself some critical questions. If youre living in your home for the years to come, then pick out what you want and enjoy it. Additional cost-saving measures include refacing cabinets and repairing or refinishing countertop rather than installing new materials. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Labor can also affect the budget. A backsplash can cost less if the same materials are installed elsewhere in the kitchen at the same time. To keep your costs as low as possible, you will likely need to do some of the work yourself, hiring professionals for all specialty work. Remodeling dust can damage the lungs and cause short- and long-term health problems. In its annual Cost vs. Value report for 2019, Remodeling Magazine puts the national average for a midrange major kitchen remodel at $66,196 and an upscale major kitchen remodel at $131,510. In terms of materials, you have budget options and luxury options. Older homes might need the whole homes plumbing replaced due to narrow or rotting pipes. Think about the room's existing layout and your budget when planning your kitchen renovation. Refurbished or used? Those that are dated or damaged can leave future buyers underwhelmed, even if the kitchen has immense potential. A home equity loan also comes with a fixed interest rate, a fixed repayment timeline and a fixed monthly payment. Thenational average cost to remodel a kitchen is about $22,000. Building permits cost $500 to $1,500 on average. This is particularly important if you plan to knock out walls. Its the living and breathing hub of your home, where thinking, conversing, and resting happens. But find out what that main bathroom remodel is likely to cost. Your biggest cost investment for a kitchen remodel will usually be cabinets, which typically eat up 25 percent of your budget. For example, why replace cabinets that are in good condition? 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Your budget is hugely important. Our experts have been helping you master your money for over four decades. Typically less expensive than other bathroom remodels, a half bath remodel can also add real resale value to your home. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. However, the cost of your project will vary depending on the size of the kitchen, materials used, and cabinet style selected. Bankrates editorial team writes on behalf of YOU the reader. First, research products so you can evaluate quality. The average cost of a kitchen in the U.S. is $25,000, but you will find the typical spending range is anywhere from $13,700- $50,000. The store will not work correctly in the case when cookies are disabled. To help you get started, weve included the costs of a typical kitchen remodel. In the Pacific region (Alaska, California, Washington and Oregon), according to Remodeling Magazine, that same midrange major kitchen remodel jumps to $72,513 and an upscale major kitchen remodel jumps up $11,823 from the national average, to $143,333. If youreselling soon, keep in mind that many buyers look for stone surfaces like granite or quartz. Even modestly priced homes are increasingly demanding luxury features. Talk with a kitchen professional At CliqStudios it's free! How you divvy up your budget will depend on your households needs. If you move appliances to other parts of the kitchen or install new lighting anywhere no lights have been before, this cost will be factored in. Part of determining that price of your kitchen remodel is the extent of your makeover. Consider narrower cabinets, because most people dont use the space at the back of cabinets, you can get cabinets that arent as deep but are better designed for full accesswith pull-out baskets, spice drawers, sectioned drawers, corner cabinet carousels, etc. Depending on the size and space of your kitchen, as well as the features you desire, hiring a kitchen remodeling contractor can help you get the most out of your budget. You could also try shopping atreuse centersandsalvage stores. Ultimately, your new kitchen will be as good as the planning you have put into it, and HomeGuide would be happy to help. Heres an explanation for We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. The refrigerator alone can range from $1,000 to $15,000. The professionals at lighting, appliance, tile and countertop stores can also be valuable sources of advice. Experts advise careful planning and sticking to a budget as ways to ensure your kitchen remodel is completed on time. Using particleboard instead of plywood where it wont be seen, doing the demolition of the kitchen yourself and other money-savers can help you get the kitchen of your dreams but without going into debt to do it. For example, a dishwasher can usually be moved to the other side of a sink. For example, a medium-sized space is typically defined as an area that is between 75 and 100+ square feet, costing between $15,000 and $30,000. Looking for off-the shelf products instead of special orders can save a lot of money as well as looking for clearance items at brick and mortar stores. By installing higher quality appliances, you can instantly improve your home's value. For example, rip out old carpeting yourself, but always hire a professional for electrical or plumbing jobs. It takes time, planning and professional consultation. Find out what a kitchen remodel will typically cost and how to save money on your new dream kitchen. It shapes whats possible with your kitchen, from the materials you choose to the professional help you hire. CliqStudios offers free professional design services. What is it that you want to get out of this renovation? Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. It's one of the most lucrative and life-changing remodels you can do in your home. The kitchen is where you entertain friends and guests. Materials is by far the largest part of the remodel costs. The largest aspect of costs are materials. However, know your own skills and limits, as you could end up spending more in the long run. Set your budget based on realistic numbers. Get an estimate of what your new kitchen cabinets will cost. Since your project will be unique to you and your home, you should break down your budget based on the features and alterations you desire. Here is the average cost breakdown according to the National Kitchen & Bath Association (NKBA): Overall, kitchen remodels cost $100 to $250 per square foot, with the average homeowner spending $150 per square foot. These totals cover a wide variety of remodels, from basic refreshes that are merely facelifts to high-end updates that include a completely new layout with custom cabinets and materials. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Do you want to gut your whole kitchen, including moving walls and relocating utilities? For one reason, they often give a huge boost to home resale value. Alternatively, you can achieve great results by either refinishing or refacing pre-existing cabinets. For potential buyers, the kitchen is the room that can make or break the sale, writes Kristen Hampshire at HGTV. How much should you contribute to your 401(k)? Consider the following to help you decide: Clearly, it costs a lot to redo a kitchen even a relatively minor remodel. Looking to remodel your kitchen, but don't have a clue about what it will cost? You may also qualify for a tax deduction on the interest, since the loans being used to improve your homes value. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. However, unlike a personal loan, it uses your home as collateral. High-end name brand? Join the party! In2019, a $66,000 kitchen remodel recouped an average of 62% of the cost upon the sale of the house. Compare those costs to the South Atlantic Region (Maryland, South Carolina, Florida, North Carolina, Georgia, Virginia and Washington, D.C.) where a midrange major kitchen remodel prices out at $63,387 and an upscale major kitchen remodel is $126,307. But major projects of large spaces can mount into the six figures, and even a minor kitchen remodel could cost between $10,000 and $15,000. By not fixating on status-oriented appliances by Sub-Zero, for instance, but instead using mid-range appliances, you can save a bundle on your remodel. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. By doing so, you will know how to obtain a more accurate estimate. Designers can help you select the best materials and colors, based on your unique vision and space. Labor will affect cost as well as what type of materials you select from. To cut costs, get a design that preserves your existing kitchen footprint, or modify it only slightly. You will not be able to cook or eat in there for 38 weeks if the remodel is a big one. 2022 Warner Bros. Spend a little more on key products that will be used a lot so they will last. Similar to a credit card, a home equity line of credit (HELOC) is a revolving line of credit with a set limit. The cost of remodeling a small kitchen will fall on the lower end of the cost spectrum most likely, but will depend on the cabinet style, materials used, etc. Subscribe to the HGTV Inspiration newsletter to get our best tips and ideas delivered weekly. On the low end, paper composite countertops can be anywhere from $2,500 to $6,000. All Rights Reserved. We value your trust. If you have no choice but to stay, talk to the contractor about isolating the work area and controlling the airflow. Typical kitchen remodels range from $12,500 to $33,000. Be sure to ask for all the warranties on any products included in the remodel. Discovery, Inc. or its subsidiaries and affiliates. Your return on investment also depends on the neighborhood you live in, how much buyers are prepared to pay for a house in your area per square foot, and a mortgage companies willingness to go over their value assessmentsno matter how much you have spent on remodeling. Adding extras or more features can quickly inflate your budget and lead to a domino effect of increased cost. If you want a few higher-end features, focus on potential cost-saving strategies. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. An upgraded, attractive kitchen can make your home irresistible.. Most homeowners spend between $12,800 and $21,200, with an average cost of $16,600 or $150 per square foot. Kitchen installation costs for cabinets and other materials vary depending on location and over kitchen remodel budget. Design fees can account for anywhere between three and even ten percent of your budget. We also share budget benchmarks, breakdowns about kitchen remodeling costs and tips on how to save on renovation costs.